Before the introduction of ZiG, the Zimdollar was on its way out with over 80% of transactions being done in United States dollars. The notes were mainly used for change.
Editorials
By Newsday 13h ago
Rwanda has made a pledge that the dark past will not recur by putting in place systems to ensure it is completely a thing of the past.
Editorials
By Newsday Apr. 11, 2024
At the same time, the market has basically refused to continue transacting in the Zimdollar, leaving mostly the United States dollar and the South African rand to fill the void.
Editorials
By Newsday Apr. 10, 2024
In an interview with Brick by Brick magazine, Mnangagwa said: “There is not an iota of evidence where Zanu PF or I as President has ever expressed the violation of our Constitution.”
Editorials
By Newsday Apr. 9, 2024
Monetary authorities say the new measures in place will see the trend reversed with ZiG accounting for 30% of transactions by the end of the year and 40% next year.
Editorials
By Newsday Apr. 8, 2024
The veteran banker said he would not “do anyone’s job” referring to the quasi-fiscal operations that have haunted previous central bank governors.
Editorials
By Newsday Apr. 6, 2024
The Zimdollar has depreciated sharply against the greenback amid calls for the redollarisation of the economy, five years after the return of the local unit.
Editorials
By Newsday Apr. 5, 2024
The farmers are aware of the need to keep their grain and the paltry US$390 per tonne will not do anything to entice them to change their stance.
Editorials
By Newsday Apr. 4, 2024
This points to the challenges the soon-to-be unveiled structured currency will face and monetary authorities will find themselves at the deep end.
Editorials
By Newsday Apr. 3, 2024
In other words, we simply inherited the colonial land tenure system which we ironically hoped to dismantle through independence.
Editorials
By Newsday Apr. 2, 2024
Firstly, this is not the first time government has banned the importation of old second-hand vehicles, as our last week story pointed out.
Editorials
By Newsday Apr. 1, 2024
Faced with such a scenario, operators will tend to carry more passengers than the required numbers and do multiple trips during the long holiday to maximise on their profits.
Editorials
By Newsday Mar. 30, 2024
Mega church services have been lined up for an action-packed weekend that will be replete with worship, although in some provinces gatherings have been restricted to contain the spread of cholera.
Editorials
By Newsday Mar. 29, 2024
In a statement on Monday,  Information minister Jenfan Muswere announced a US$390 per tonne price in a "special initiative" to mop up excess grain stocks in the country.
Editorials
By Newsday Mar. 28, 2024
It is against this background that parents approached school authorities for vacation lessons.
Editorials
By Newsday Mar. 27, 2024
The delay in announcing the MPS, which is normally released in February, creates uncertainty in an economy which is eager to project itself as a go-to destination for investors.
Editorials
By Newsday Mar. 26, 2024
The world’s largest stainless steel producers, Tsingashan Holdings Group of China, is completing an integrated steel plant in Manhize near Mvuma.
Editorials
By Newsday Mar. 25, 2024
Connecting to the 2G network, which is also as mighty slow as the Amazon rainforest sloth, is akin to partying with a cow as it is costing an arm and leg.
Editorials
By Newsday Mar. 23, 2024
It is quite worrying that our road planners are in deep slumber with little to no indication that they will wake up any time soon to expand our roads, especially in urban areas.
Editorials
By Newsday Mar. 22, 2024
In this modern era, government should revise its data collection methodologies so that information is available in real time, especially on critical matters of food security.
Editorials
By Newsday Mar. 21, 2024
Most curious about this latest salvo from the farmers is that it comes hardly days after President Emmerson Mnangagwa “knighted” the Agriculture minister
Editorials
By Newsday Mar. 20, 2024
We thought the United Nations Economic Commission for Africa executive secretary Claver Gatete recently advised us to deal with the root causes of our currency volatility and not the symptoms.
Editorials
By Newsday Mar. 19, 2024
Little wonder there is so little process and regression in the journey towards achieving the SDGs.
Editorials
By Newsday Mar. 18, 2024
Manufacturers' major gripe with retailers is that they pay in local currency and after a grace period like a month in an environment in which the Zimbabwe dollar is fast depreciating.
Editorials
By Newsday Mar. 16, 2024
The workers have flagged government's half-hearted approach and its unwillingness to call a roundtable on the working conditions of its workers.
Editorials
By Newsday Mar. 15, 2024
The growth of contract system has left the auction system on the edge. The auction system is there in name as it is accounting for about a fifth of the tobacco sold in a season.
Editorials
By Newsday Mar. 14, 2024
Before that, they had failed to qualify for the 50 over World Cup after hosting the qualifiers.
Editorials
By Newsday Mar. 13, 2024
The new sanctions regime makes re-engagement a tall order and the ripple effects will be felt in the economy which also has to contend with the effects of the El Nino-induced drought.
Editorials
By Newsday Mar. 12, 2024
They should not only make noise every March. This should be a daily occurrence.
Editorials
By Newsday Mar. 11, 2024
Today, March 9, marks the 9th anniversary of Dzamara’s mysterious vanishing from the face of Zimbabwe
Editorials
By Newsday Mar. 9, 2024
Mbuya Nehanda, a female spirit medium who was a true embodiment of humility who helped to arouse among us the spirit to free ourselves from colonial subjugation.
Editorials
By Newsday Mar. 8, 2024
The amount distributed so far, is a drop in the ocean compared to the more than 100 000 tonnes pledged by government to cover the January to March lean period.
Editorials
By Newsday Mar. 7, 2024
Do our chiefs have safe places to keep marriage, birth and death documents and stationery at their rural homes?
Editorials
By Newsday Mar. 6, 2024
Bulawayo, and indeed the country’s water situation — especially as an El Nino-induced drought intensifies, does not need such bureaucratic red tape.
Editorials
By Newsday Mar. 5, 2024
Yet talk of renewable energy initiatives, especially on the solar energy front, have been with us as long as we can remember.
Editorials
By Newsday Mar. 4, 2024
The Grain Millers Association of Zimbabwe (GMAZ) said this week that it anticipates importing one million tonnes of grain between now and March 2025 to prevent drought-induced hunger.
Editorials
By Newsday Mar. 2, 2024
Media hangmen presided over the closure of newspapers, throwing hundreds of journalists and other supporting staff on to the streets.
Editorials
By Newsday Mar. 1, 2024
Exposing government excesses is patriotism as one would have wanted the resources to be deployed in other areas such as health or education.
Editorials
By Newsday Feb. 29, 2024
The 56th session of the ECA Conference of African Finance, Planning and Economic Development ministers runs from February 28 to March 5 in Victoria Falls.
Editorials
By Newsday Feb. 28, 2024
Addressing journalists in Harare on Friday, Global Polio Eradication Initiative co-ordinator Sadiq Umar said Zimbabwe had one of the best environmental surveillance systems in Africa.
Editorials
By Newsday Feb. 27, 2024
His term ends in 2028, thanks to the 2013 Constitution which prescribed two-term limits for the President in line with regional and global trends.
Editorials
By Newsday Feb. 26, 2024
In the latest extension of the water shedding schedule, industrial areas and the central business district would be spared, according to city fathers.
Editorials
By Newsday Feb. 24, 2024
The Zimbabwe National Statistics Agency’s latest figures indicate an unemployment rate of 54% which attests to this.
Editorials
By Newsday Feb. 23, 2024
SINCE December last year Zimbabwe has recorded three polio or poliomyelitis cases, a figure which appears to be too insignificant to write home about.
Editorials
By Newsday Feb. 22, 2024
However, out of this entire debacle we believe Zimbabweans should learn a major lesson: Tolerance to others’ political opinions and inclinations.
Editorials
By Newsday Feb. 21, 2024
What is most perplexing and worrying is the fact that government strongly supported seizing of the land from which it is now kicking out the hapless villagers.
Editorials
By Newsday Feb. 20, 2024
The details of the structured currency will be contained in Mangudya’s final Monetary Policy Statement.
Editorials
By Newsday Feb. 19, 2024
Each time Ncube opens his mouth to speak about Zimbabwe’s economic performance, he boasts of robust growth which, however, has no supporting evidence on the ground.
Editorials
By Newsday Feb. 17, 2024
Some of us will not be surprised if Zimbabwe is among the first countries to object to a Sadc anti-graft court, given its already highly compromised fight against corruption.
Editorials
By Newsday Feb. 16, 2024
There is no excuse for our deteriorated educational standards because all we needed to do was to build on an already existing strong foundation.
Editorials
By Newsday Feb. 15, 2024